NAVIGARE 1 AS

4340 BRYNE

Finances

Return on Equity

49,91 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 000	0	0	0
Net Income	15 759 000	35 000	4 146 000	8 152 000
Total Assets	46 772 000	20 602 000	24 685 000	21 088 000
Total Equity	31 577 000	18 018 000	24 483 000	20 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 000	0	0	0
Expenditure	96 000	40 000	33 000	23 000
Operating Profit	9 000	−40 000	−33 000	−23 000
Financial Income	15 964 000	114 000	4 253 000	8 205 000
Financial Costs	0	0	7 000	15 000
Financial Balance	15 964 000	114 000	4 246 000	8 190 000
Earnings Before Tax	15 973 000	75 000	4 213 000	8 167 000
Tax	215 000	40 000	68 000	15 000
Net Income	15 759 000	35 000	4 146 000	8 152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 639 000	16 619 000	12 319 000	10 373 000
Total Current Assets	30 134 000	3 983 000	12 366 000	10 714 000
Total Assets	46 772 000	20 602 000	24 685 000	21 088 000
Total Retained Equity	30 548 000	16 989 000	23 455 000	19 443 000
Total Equity	31 577 000	18 018 000	24 483 000	20 472 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 196 000	2 584 000	202 000	616 000
Total Equity and Debt	46 772 000	20 602 000	24 685 000	21 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	105 000	0	0	0
Revenue	105 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	96 000	40 000	33 000	23 000
Operating Profit	9 000	−40 000	−33 000	−23 000
Financial Income	15 964 000	114 000	4 253 000	8 205 000
Financial Costs	0	0	7 000	15 000
Financial Balance	15 964 000	114 000	4 246 000	8 190 000
Dividends	2 200 000	6 500 000	134 000	0
Net Income	15 759 000	35 000	4 146 000	8 152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 203 000	4 203 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 203 000	4 203 000	0	0
Total Fiancial Fixed Assets	12 436 000	12 416 000	12 319 000	10 373 000
Total Fixed Assets	16 639 000	16 619 000	12 319 000	10 373 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 215 000	3 983 000	10 192 000	2 614 000
Total Current Assets	30 134 000	3 983 000	12 366 000	10 714 000
Total Assets	46 772 000	20 602 000	24 685 000	21 088 000
Total Equity	31 577 000	18 018 000	24 483 000	20 472 000
Short-Term Group Debt	14 915 000	0	0	621 000
Total Long-Term Debt	0	0	0	0
Creditors	4 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 200 000	6 500 000	134 000	0
Other Current Debt	100 000	2 554 000	0	−20 000
Total Current Debt	15 196 000	2 584 000	202 000	616 000
Total Equity and Debt	46 772 000	20 602 000	24 685 000	21 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,91 %	0,19 %	16,93 %	39,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,57 %	-	-	-
Current Ratio	1,98	1,54	61,22	17,39
Quick Ratio	1,98	1,54	61,22	17,39
Equity Ratio	0,68	0,87	0,99	0,97
Gross Profit Margin	100 %	-	-	-